World Liberty Financial, a crypto-focused venture linked to the Trump family, is preparing to distribute 8.4 million WLFI tokens, valued at around $1.2 million, as part of an airdrop targeting early adopters of its USD1 stablecoin loyalty program. The initiative aims to reward users who traded USD1 pairs on partnered exchanges and maintained stablecoin balances—an effort to bolster adoption amid a competitive market.
The airdrop will be rolled out across six key exchanges, including Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC. Eligibility and rewards are determined by each platform’s specific rules, creating a tailored approach across different trading venues.
World Liberty has announced plans to expand its loyalty program by integrating new venues, including decentralized finance (DeFi) platforms, and creating more avenues for users to earn and redeem rewards. The company emphasized that this is just the beginning of their broader ecosystem development.
The USD1 stablecoin, issued and backed by real dollar reserves and custodied by BitGo, currently ranks as the sixth-largest stablecoin globally, boasting a market capitalization of $2.94 billion. Earlier this year, Eric Trump revealed that Abu Dhabi investment firm MGX would use USD1 to settle a $2 billion investment in Binance, marking the first institutional stake in the crypto exchange.
Currently trading at approximately $0.14, WLFI has seen a slight decline of 0.5% over the past day. Nonetheless, it remains down nearly 70% from its early September peak of $0.46, reflecting typical volatility within the crypto markets.
Trump’s crypto ventures, notably those associated with World Liberty Financial, have significantly boosted his family’s wealth, with recent estimates indicating a profit exceeding $1 billion from crypto-related activities in the past year. The Financial Times reported that Trump disclosed $57.4 million earned from World Liberty in June, with his family’s holdings surging to a valuation of about $5 billion following recent token unlocks. The FT estimates they earned approximately $550 million from WLFI alone this year.
The Trump family has also profited from its branded memecoins, such as Official Trump (TRUMP) and Official Melania Meme (MELANIA), which collectively earned about $427 million. The US dollar-backed stablecoin USD1 has contributed roughly $42 million in profits since its launch in April.
This article was originally published as Trump-Linked World Liberty Airdrops $1.2M in WLFI Tokens—Learn More! on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
